Cognizant sees quarterly revenue above estimates on strong enterprise demand
Cognizant's services have seen strong uptake from enterprises looking to automate processes and shift workloads to the cloud as they adopt AI in the hopes of boosting productivity and optimizing costs.
"Our investments in talent, platforms and AI infrastructure drove our fourth-straight quarter of organic year-over-year revenue growth," said Cognizant CEO Ravi Kumar S.
The company forecast third-quarter revenue between $5.27 billion and $5.35 billion, compared with analysts' expectations of $5.27 billion, according to data compiled by LSEG.
It reported revenue of $5.25 billion in the second quarter, beating estimates of $5.19 billion.
Cognizant reported earnings per share of $1.31 in the quarter ended June 30, compared with a profit of $1.14 per share a year ago.
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The Guardian
40 minutes ago
- The Guardian
‘We got a lot of honks in solidarity': anti-Musk protests ripple at LA's Tesla Diner
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For months, protesters who oppose the billionaire's political power have demonstrated outside of Tesla showrooms across the US and the world, hoping that by applying pressure to Tesla, a publicly-traded company, the Tesla Takedown movement can have an impact on Musk's behavior. 'Musk thought [the diner] would be good for him, but it's actually great for anti-Tesla protesters as well, to give us increased visibility,' said Joel Lava, who has been organizing weekly Tesla Takedown protests outside a Tesla service station in Burbank, California. Tesla did not immediately respond to a request for comment. Though Musk has officially left his role within the Trump administration, and has since publicly feuded with the president, the devastating effects of his so-called 'department of government efficiency' (Doge) live on, Lava said. Lava cited recent reports that the US had thrown away nearly 500 metric tons of emergency food aid this spring, in the wake of Doge's dismantling of the US Agency for International Development (USAID). Global health officials have also said Musk's budget-cutting efforts have thrown global HIV prevention efforts, including the rollout of a new 'miracle' drug, into chaos. There are hometown considerations, as well, Lava added: Musk has a history of anti-trans comments, and the diner is right on the border of West Hollywood, one of LA's historic LGBTQ+ neighborhoods. Protesters outside the Hollywood diner last weekend carried signs reading 'Fuck Nazi Billionaires' and 'Boycott Tesla'. 'We WILL NOT REST until the world has internalized the truth that TESLA FUNDS FASCISM,' organizers wrote in a post advertising the demonstrations, which one Los Angeles organizer estimated attracted about 100 people on Saturday, and about 85 on Sunday. A Los Angeles police spokesperson described the two demonstrations in Hollywood as 'peaceful protests'. Social media video of the diner demonstrations showed a few apparent Musk supporters yelling at protesters, including one young man caught on video describing himself as 'a proud fascist'. Dave, a Los Angeles-based Tesla Takedown organizer, said a few drivers of newer Teslas and Cybertrucks around the diner had screamed at the protesters, and 'there were some people who were doing the Sieg Heil [salute]'. At least one Cybertruck driver had gotten out of his vehicle to confront protesters, Dave said. The organizer asked not to be identified by his full name because he feared that protesting against Musk might affect his employment opportunities. Other Tesla fans waiting in line outside the diner simply seemed confused by the political rhetoric, Dave said, and other people driving by the diner were audibly supportive. 'We got a lot of honks and fist-pumps in solidarity, and many of those were even from Tesla drivers themselves – especially the people driving the older models of Teslas,' he said. Since it opened at 4.20pm last Monday, the diner has attracted Musk fans from across southern California, as well as curious tourists. At about midday on Wednesday last week, many fans in line had brought children with them, and some said that their kids were especially excited to see Musk's diner, which they had heard about on TikTok or YouTube. One Tesla Diner customer told the LA Public Press on Saturday that the protesters' comparisons of Musk to a Nazi did not make sense to him. 'If he's a fascist, who has he killed?' the man asked. 'Nazis kill people, from what I understand.' Dave, the Tesla Takedown organizer, said the demonstrators were considering more protests outside the diner, but that the group has already received at least one social media threat that they will be assaulted if they protest again next weekend. Asked about those threatening social media posts, which came from an anonymous pro-Musk Bluesky account, an LAPD spokesperson said the department was not currently aware of 'any specific threat'. For Angelenos who live in the neighborhood surrounding Musk's new diner, its sudden popularity has sparked a litany of complaints. Local news outlets have reported that neighborhood residents have complained of the chaos and traffic it has brought to the neighborhood, including 'insane gridlock from 1pm to 1 am', and concerns about the giant movie screens blocking the view from nearby apartments. 'If you can send people to Mars, you should be able to figure out how to make this doable for residents,' one resident told ABC7 News.
Telegraph
an hour ago
- Telegraph
Sky-high energy prices destroying European industry, warns metal giant
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Geeky Gadgets
2 hours ago
- Geeky Gadgets
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Refined Display and Audio: A smaller dynamic island and wider speaker deliver improved usability and audio quality, while the 6.6-inch OLED display is protected by an anti-reflective, scratch-resistant coating. A smaller dynamic island and wider speaker deliver improved usability and audio quality, while the 6.6-inch OLED display is protected by an anti-reflective, scratch-resistant coating. Performance Boost: Powered by the A19 Pro chip, these models offer faster speeds and greater efficiency, supported by a vapor chamber cooling system for optimal thermal management. Powered by the A19 Pro chip, these models offer faster speeds and greater efficiency, supported by a vapor chamber cooling system for optimal thermal management. Extended Battery Life: A powerful 5,000mAh battery ensures longer usage, making it ideal for power users and professionals. The Pro and Pro Max models are designed for those who prioritize top-tier performance, durability, and advanced features, setting a new benchmark for premium smartphones. iPhone 17 Air: Sleek Design Meets Portability The iPhone 17 Air is crafted for users who value portability and minimalist aesthetics. This model combines functionality with an ultra-thin design, making it a standout choice for those on the go. Key features include: Ultra-Thin Profile: Measuring just 5.5mm thick, the Air model is one of the slimmest smartphones available, offering unmatched portability. Measuring just 5.5mm thick, the Air model is one of the slimmest smartphones available, offering unmatched portability. Compact Display: A 6.6-inch OLED screen provides vibrant visuals while maintaining a lightweight form factor. A 6.6-inch OLED screen provides vibrant visuals while maintaining a lightweight form factor. Simplified Camera Setup: A single 48MP rear camera delivers solid performance, though it lacks the versatility of the Pro models' multi-camera system. A single 48MP rear camera delivers solid performance, though it lacks the versatility of the Pro models' multi-camera system. eSIM-Only Design: The Air model eliminates the physical SIM card slot, which may limit compatibility for some users but aligns with Apple's push toward streamlined technology. The Air model eliminates the physical SIM card slot, which may limit compatibility for some users but aligns with Apple's push toward streamlined technology. Battery Trade-Offs: While the internal battery is smaller, an optional external battery case accessory is available for extended usage. While the internal battery is smaller, an optional external battery case accessory is available for extended usage. Minimalist Aesthetic: Available in light blue and light gold, the Air model appeals to users who prefer a clean, modern design. The iPhone 17 Air strikes a balance between style and functionality, making it an excellent choice for those seeking a lightweight, elegant device. Base iPhone 17: Practical Upgrades for Everyday Use The base iPhone 17 model offers a well-rounded set of features, making it a dependable option for everyday users. It combines subtle enhancements with reliable performance. Key features include: Refined Display: A slightly larger 6.3-inch screen now supports a 120Hz refresh rate, ensuring smoother scrolling and improved responsiveness. A slightly larger 6.3-inch screen now supports a 120Hz refresh rate, ensuring smoother scrolling and improved responsiveness. Improved Front Camera: A 24MP front-facing camera delivers sharper selfies and enhanced video quality for calls and content creation. A 24MP front-facing camera delivers sharper selfies and enhanced video quality for calls and content creation. Performance Upgrade: Powered by the A19 chip, the base model ensures dependable performance, though it lacks the advanced capabilities of the Pro variants. Powered by the A19 chip, the base model ensures dependable performance, though it lacks the advanced capabilities of the Pro variants. New Color Options: Light blue, purple, and green provide users with more personalization choices. With its balanced mix of features and affordability, the base iPhone 17 is an ideal choice for users seeking a reliable smartphone without the premium price tag. Shared Features Across the iPhone 17 Lineup Apple has introduced several standardized features across all iPhone 17 models, ensuring a consistent user experience regardless of the chosen variant. These shared updates include: 24MP Front Camera: High-quality selfies and video calls are now a standard feature across the entire lineup, enhancing communication and content creation. High-quality selfies and video calls are now a standard feature across the entire lineup, enhancing communication and content creation. Release Timeline: The iPhone 17 series is expected to be announced in early September, with availability starting around September 19th, ensuring timely access for eager customers. These shared features reflect Apple's commitment to delivering a cohesive and enhanced experience for all users, regardless of the model they choose. Explore further guides and articles from our vast library that you may find relevant to your interests in iPhone 17 Pro design. Source & Image Credit: AppleTrack Filed Under: Apple, Apple iPhone, Top News Latest Geeky Gadgets Deals Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
